There's nothing for you to report on your 1040. However, you might be considered a 1/2 owner of the property and if sold at a gain, 1/2 the gain would be taxed to you. Since you don't live there you would not be eligible for the home sale exclusion. however, there is a concept in the tax laws of equitable ownership. He could be deemed the owner of 100% of the property. How this s concept works in your state is a matter to discuss with real estate attorney.
